Funding, Mergers & Acquisitions

Financial movements in the AI ecosystem, including venture capital investments, strategic acquisitions, IPO's and funding rounds for AI companies.

Grow Therapy Raises $150 Million in Series D Funding

Grow Therapy has raised $150 million in Series D funding led by TCV and Goldman Sachs Alternatives, with participation from BCI and Menlo Ventures. The company plans to expand its AI-assisted tools, partnerships with insurers and employers, and integrations with health systems.

March 04, 2026

Accenture to Acquire Ookla for $1.2 Billion

Accenture has agreed to acquire Ookla from Ziff Davis for $1.2 billion in cash, integrating Speedtest, Downdetector, Ekahau, and RootMetrics into its network intelligence offerings. The deal aims to enhance Accenture’s data and AI capabilities for enterprise and telecom clients.

March 04, 2026

Elon Musk's xAI and X to Repay $17.5 Billion in Debt Early

Elon Musk’s companies X and xAI plan to repay about $17.5 billion in debt in full, according to Bloomberg, with Morgan Stanley informing lenders of the move. The repayment comes shortly after SpaceX acquired xAI and ahead of a potential SpaceX IPO.

March 04, 2026

Blackstone Plans Publicly Traded AI Data Center Acquisition Company

Blackstone is preparing to launch a publicly traded company focused on acquiring AI data centers, aiming to raise tens of billions of dollars from global investors. The new entity will target pre-built and leased facilities and could debut later this year, pending regulatory approval.

March 03, 2026

Firmable Raises $14 Million Series A to Expand AI Sales Platform Globally

Melbourne-based AI sales platform Firmable has raised $14 million in Series A funding led by Airtree, supporting its expansion into the US and further development of its proprietary AI-driven sales technology.

March 02, 2026

Basis Raises $100M at $1.15B Valuation to Expand AI Accounting Agents

Basis has raised $100 million in Series B funding at a $1.15 billion valuation to advance its AI agent platform for accountants. The round, led by Accel with participation from GV, Khosla Ventures, and others, will help the company expand its engineering and machine learning teams.

March 02, 2026

Einride Raises $113 Million to Support Merger with Legato Merger Corp. III

Einride and Legato Merger Corp. III have announced an oversubscribed $113 million PIPE financing to support their proposed business combination, valuing Einride at $1.35 billion.

March 02, 2026

NODA AI Raises $25M to Advance Defense Autonomy Platform

NODA AI has secured $25 million in Series A funding led by Bessemer Venture Partners to accelerate development of its AI-powered orchestration platform for defense and intelligence applications.

March 02, 2026

RLWRLD Raises $26M to Expand Industrial Robotics AI

South Korean startup RLWRLD has raised $26 million in a Seed 2 funding round, bringing its total seed investment to $41 million. The company plans to use the funds to expand its industrial robotics AI deployments and unveil its robotics foundation model in the first half of 2026.

March 02, 2026

Flux Raises $37 Million to Expand AI Hardware Design Platform

Flux, the AI hardware engineering platform, has announced $37 million in new funding, including a $27 million Series B led by 8VC and a previously undisclosed $10 million Series A. The company plans to use the investment to extend its AI capabilities for complex electronic design tasks.

March 02, 2026

OpenAI Raises $110 Billion with Backing from Amazon, NVIDIA, and SoftBank

OpenAI announced a $110 billion investment round at a $730 billion valuation, with major contributions from Amazon, NVIDIA, and SoftBank. The company also signed new strategic partnerships to expand its AI infrastructure and global reach.

February 28, 2026

Axelera AI Raises $250 Million to Expand Edge AI Chip Production

Dutch AI chipmaker Axelera AI has raised $250 million to scale manufacturing and commercialization of its energy-efficient inference chips designed for edge computing, according to Sifted.

February 27, 2026

SWI Stoneweg Icona Group Acquires Majority Stake in Polarise to Build European AI Infrastructure Platform

SWI Stoneweg Icona Group has agreed to acquire a majority stake in Polarise, a German NVIDIA Cloud Partner, to expand its AI infrastructure capabilities. The deal includes a €1 billion investment to develop GPU- and AI-as-a-Service offerings across Europe.

February 27, 2026

Turbine Raises $25M Series B, Expands into Immunology with New Pharma Partnership

Turbine has raised $25 million in Series B funding led by Interactive Venture Partners, with participation from Beiersdorf Venture Capital and others. The company also announced its first immunology collaboration with a top 10 pharmaceutical firm to model immune cell behavior using AI-driven virtual assays.

February 27, 2026

Nightfood Holdings Consolidates Robotics IP as Service Robotics Market Expands

Nightfood Holdings, through its subsidiary TechForce Robotics, has completed the acquisition of full intellectual property rights for its BIM-E robotics platform, marking a step toward commercialization in the growing AI service robotics sector.

February 27, 2026

Turbine Raises $25M Series B and Expands into Immunology with Pharma Partnership

Turbine has raised $25 million in Series B funding led by Interactive Venture Partners, with participation from Beiersdorf Venture Capital and others. The company also announced a new immunology partnership with a top 10 pharmaceutical company to expand its AI-driven virtual cell platform.

February 27, 2026

Anthropic Acquires AI Startup Vercept

Anthropic has acquired Vercept, a Seattle-based AI startup known for its computer-use agent Vy. The deal brings Vercept’s research team into Anthropic and ends Vercept’s independent operations next month.

February 26, 2026

Emergent Reaches $100M ARR and Launches Mobile App for On-the-Go Software Creation

Emergent has reached $100 million in annual recurring revenue just eight months after launch and introduced its new mobile app, Emergent AI, allowing users to build and publish apps directly from their smartphones.

February 22, 2026

Humain Invests $3 Billion in xAI Before SpaceX Merger

Humain has invested $3 billion in xAI's Series E round, becoming a significant minority shareholder ahead of xAI's merger with SpaceX. The investment also expands their 500MW AI infrastructure partnership in Saudi Arabia.

February 22, 2026

Selector Raises $32 Million to Expand AI Observability Platform

Selector has raised $32 million in new funding led by AVP, doubling its valuation to $375 million. The company plans to use the funds to accelerate AI innovation, product development, and global expansion.

February 22, 2026

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